Catalyst Capital Advisors LLC cut its stake in shares of Keysight Technologies Inc. (NYSE:KEYS – Free Report) by 14.0% in the 2nd quarter, Holdings Channel reports. The fund owned 453 shares of the scientific and technical instruments company’s stock after selling 74 shares during the quarter. Catalyst Capital Advisors LLC’s holdings in Keysight Technologies were worth $74,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also recently added to or reduced their stakes in KEYS. Foyston Gordon & Payne Inc raised its stake in shares of Keysight Technologies by 11.5% during the 1st quarter. Foyston Gordon & Payne Inc now owns 59,851 shares of the scientific and technical instruments company’s stock worth $8,964,000 after buying an additional 6,186 shares in the last quarter. GAMMA Investing LLC raised its stake in shares of Keysight Technologies by 142.8% during the 1st quarter. GAMMA Investing LLC now owns 5,012 shares of the scientific and technical instruments company’s stock worth $751,000 after buying an additional 2,948 shares in the last quarter. Allspring Global Investments Holdings LLC raised its stake in shares of Keysight Technologies by 3.2% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 52,174 shares of the scientific and technical instruments company’s stock worth $7,828,000 after buying an additional 1,635 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Keysight Technologies by 19.8% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 12,730 shares of the scientific and technical instruments company’s stock worth $1,906,000 after buying an additional 2,106 shares in the last quarter. Finally, Ground Swell Capital LLC purchased a new position in shares of Keysight Technologies during the 1st quarter worth approximately $361,000. 84.58% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other news, SVP Ingrid A. Estrada sold 2,000 shares of the firm’s stock in a transaction on Wednesday, September 17th. The stock was sold at an average price of $173.98, for a total transaction of $347,960.00. Following the sale, the senior vice president owned 106,590 shares in the company, valued at $18,544,528.20. This trade represents a 1.84% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Company insiders own 0.61% of the company’s stock.
Keysight Technologies Price Performance
Keysight Technologies (NYSE:KEYS – Get Free Report) last announced its earnings results on Tuesday, August 19th. The scientific and technical instruments company reported $1.72 EPS for the quarter, beating analysts’ consensus estimates of $1.67 by $0.05. The firm had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.32 billion. Keysight Technologies had a return on equity of 19.53% and a net margin of 10.36%.Keysight Technologies’s quarterly revenue was up 11.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.57 EPS. Keysight Technologies has set its Q4 2025 guidance at 1.790-1.85 EPS. FY 2025 guidance at 7.090-7.090 EPS. On average, analysts forecast that Keysight Technologies Inc. will post 6.32 EPS for the current fiscal year.
Analysts Set New Price Targets
A number of brokerages have recently issued reports on KEYS. Morgan Stanley reissued an “equal weight” rating and set a $180.00 target price on shares of Keysight Technologies in a research note on Friday, October 10th. Bank of America raised their price objective on Keysight Technologies from $175.00 to $179.00 and gave the company a “neutral” rating in a research note on Wednesday, August 20th. Barclays dropped their price objective on Keysight Technologies from $200.00 to $195.00 and set an “overweight” rating for the company in a research note on Wednesday, August 20th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Keysight Technologies in a research note on Saturday. Finally, Wall Street Zen raised Keysight Technologies from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 18th. Six analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $187.38.
View Our Latest Analysis on Keysight Technologies
Keysight Technologies Company Profile
Keysight Technologies, Inc provides electronic design and test solutions to commercial communications, networking, aerospace, defense and government, automotive, energy, semiconductor, electronic, and education industries in the Americas, Europe, and the Asia Pacific. The company operates in two segments, Communications Solutions Group and Electronic Industrial Solutions Group.
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